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20120925
20121003
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for next year. the summer drought is blamed. john brady of rj o'brien hopes to bring home some bacon today. what are you watching in the market today john? > > i think that the market will continue to focus on events in europe, specifically a big day on thursday and friday as both spain and france put forth their 2013 budgets. but more importantly, investors and traders want to see a little bit more clarity as regards the formal spanish request for a bailout. there's been some tension recently between german and spanish officials regarding that formal request, and if we get a little bit of visibility on the horizon regarding that request, we think the markets probably move a little bit higher, after they put that formal request to bail out behind them. > > on to that tech mix. yesterday, we saw a sell-off in apple, some disappointment over the 5 million iphones that were sold over the weekend, and facebook fell apart. but google hit a new high. > > that's right. what you see, i think, is you're seeing sort of allocation differentials to three of those names specifically. but i think in the
role. john coffee, a law professor at columbia university, joins us via skype this morning with his legal insights. good morning and good to have you on the show. > > good morning to you. pleasure to be here. > > is it difficult for investors to get these cases to court? > > it's not difficult in the context of an ipo. there's probably no other legal context where the balance or the advantage is tipped as sharply in the favor of the plaintiffs as in the world of ipos and other registered securities offerings. > > i spoke with one attorney going to bat for clients against facebook. he says the case is stuck in procedure. is that the norm? > > the norm is that there's an awful lot of organization in the case. a case doesn't get started right away until one team of plaintiffs gets control of the litigation. then the next thing that will happen is that the defendants will make a motion to dismiss. that's the really critical motion, because typically if the defendants cannot get the action dismissed at the outset, then we're likely to get into settlement negotiations, which may take a ye
as the ceo reworks the tech company. a report indicates john chambers, the ceo of cisco, may retire in 2 to 3 years, while a different report says italian prime minister mario monti won't run in elections this spring. time now for some trader talk with scott bauer of trading advantage. scott, i have a list of stocks i want you to comment on today, starting with the home builders. there's been some positive news coming out on home prices, but is there a bubble forming in homebuilder stocks? > > let's look at two things: first, the news that came out yesterday with pricing up 1.2%. great news. i don't know where prices are up 1.2%. i know they're certainly not in my area. i talked to other friends and traders, nobody sees the price appreciation. talking about homebuilder stocks, i do think that there's still room for more appreciation in that space. they fell so far, so fast, and they're really just on the road to recovery, even though we've seen a pretty nice recovery over the last few weeks and months. > > we have to talk about those circuit breaker stocks yesterday: tesla and groupon both tr
Search Results 0 to 2 of about 3